PK broke through the dead cat bounce .382 Fib level today, setting up a run into a level of low price resistance. Potential targets $14.47 .5 fib level $12.50 Confluence of Fibonacci levels. Obviously the stock is very prone to COVID related news
I think we're on the path to $11 (and beyond) within the next few weeks.
Potential upside targets in PK $10.63 - Fibonacci 0.382 resistance and previous pivot point. $11.00 Previous uptrend (yellow) may act as resistance.
Potential long entry above $9.70 and Fibonacci resistance. Upside target $10.50 in the short term
I think we go lower here, but this stock to me, is still significantly undervalued.
Potential long above the 50ma. Fibonacci targets as per chart. Confluence of resistance at $12.50 which would be a possible swing level.
Looking for bounce here. I'd prolly stop loss at $8.00. Look for a return to $12.00 over the next few months.
PK approaching top resistance line. Could move from here.
Park found support on 3 Significant Fibonacci levels. Major (white) .236 level. Local (yellow) .5 level Minor (blue) .618 Golden Pocket. Next level to watch if the drop continues is $18.18. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
1. PK is in a strong support level 2. respected MA20. 3. Oversold RSI. i bought a 1% risk position, and will add more (averaging) if it goes lower. Next buy target is the strong weekly + vprofile level. This level is the point of control for volume profiling indicator. Great risk/reward.
PK is now in a triangle. Bulls and bears are exhausted; watch the decreasing volume across the triangle body. Im currently holding my 10.6$/share position and will sell if bears control the trend. if bulls break the triangle then first exit target is 15, and second exit target is 17.
Revised upside targets for PK - $13.77 to the daily 100MA $15.25 to the 0.5 Fibonacci level PLEASE GIVE US A LIKE IF YOU APPRECIATE OUR WORK, THANK YOU.
Long on PK! Breakout to the next Daily Moving Average. COVID - 19 Vaccian developments with very promising news + The fed will support the industry with infinite money. Dividend Yield post covid-19 will be about 15% Annually. The price is stable with low volatility. The company has enough cash to operate for 18 months, and they will issue a bond to raise more...
Possible long above $11.00 Upside target $14.00 Huge upside if travel and leisure economy can return to somewhat of a normal level Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts...
Potential long above $11.00 Upside target $ 12.50 Strong move back into open the economy stocks once again today